Man defrauded of Rs. 11 lakh in Uttar Pradesh by tricking him into paying back bogus jewellery that was mortgaged.

Teacher was duped of Rs 11 lakh by his friend, who tricked him into remitting money for his mortgaged ornaments . Police learned that it was part of a bank worker-led group .

LUCKNOW: A teacher was duped of Rs 11 lakh by his friend, who tricked him into remitting money for his mortgaged ornaments, which were later discovered to be imitation gold.When investigating the case, police learned that it was part of a bank worker-led group.Raghvendra Kumar Srivastava and Umesh Kumar Yadav were arrested from Gauri Bazaar on Kanpur road, and Ramveer Purohit, who worked on an on-ad-hoc basis as a metal specialist with a bank, was later released.According to ADCP, Central Raghvendra Mishra, the police began the probe when Surendra Kumar of Gauri Shanker Khera in Banthara accused his acquaintance of criminal mistrust and menace.

Umesh was introduced to us through our common friend Dinesh of Kakori, and we became close.Umesh was able to profit by asking me for advice and promising to buy the ornaments at a lower price, according to the screamer.Surendra said he deposited Rs 4.19 lakh at the bank in order to get the mortgaged gold ornaments free.After depositing the money, the bank manager told me that the gold ornaments were mortgaged at two different branches of the bank in the area and would be released only after the entire loan was paid off, he said.

After collecting the ornaments from the bank, I rushed to a jewellers store.I was told that the ornaments were fake, to my dismay, he said.Surendra said he immediately contacted Umesh and told him about the forgery.Umesh, on the other hand, accused me of manipulating my money and said he would not spend a single penny.

Umesh was hand-in-glove with valuer Purohit, who checked the authenticity of the gold ornaments, he said.